The Week's Podcasts

The Week's Deal Spotlight

Blended finance rebounds in 2023 with bigger deals and a focus on climate. Blended finance is back. The amount of catalytic capital deployed to de-risk renewable energy, sustainable agriculture, small business lending and health and education in emerging markets picked up in 2023, according to Convergence’slatest State of Blended Finance report. Bigger ticket-sizes pushed the total of all blended-finance transactions to a five-year high of $15 billion, despite a 25% drop in the number of deals. The rebound from the steep drop in blended-finance totals in 2022 was driven by increased activity from development finance institutions and multilateral development banks under pressure to mobilize private capital for climate action and Sustainable Development Goals. Still, the use of concessional debt and equity, first-loss positions and guarantees is far below what is needed to bridge financing gaps.

The Week's Talent and Jobs

💼 See and share more than two-dozen new impact jobs posted this week on ImpactAlpha’s Career Hub and view hundreds of more jobs in impact investing and sustainable finance. Have a job listing to post? Submit it here.